July 2023

ESG backlash gathers pace

The recent statement by the CEO of one of the world’s largest asset managers that henceforth he would stop using the ‘weaponized’ term ‘ESG’ is clearly a consequence of a backlash against ESG investing that has been building for years.

What's covered?

  • Anti-ESG lobby focuses on investment returns
  • ESG supporters highlight risks
  • Sustainable funds growth slows
  • ESG supporters promote active engagement